Summary
The Supreme Court of the US has agreed to review Klein & Co Futures Inc's lawsuit against the New York Board of Trade and its subsidiaries, which was dismissed by the New York Second Circuit Court of Appeals, upholding a lower court dismissal. The lawsuit stemmed from a scandal involving the manipulation of settlement prices on options in the Pacific Stock Exchange Technology Index by Norman Eisler, who at the time was chairman of the New York Futures Exchange. Klein's counsel, Drew Days III, says, their clients are confident that when their claims are heard they will prevail.
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Extract
Klein Gets Day in Court
The Supreme Court of the United States has agreed to review Klein & Co. Futures Inc.'s lawsuit...
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